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Luba_88 [7]
3 years ago
12

$325 is borrowed from a bank that charges 4% interest compounded annually. How much is owed after 1 year, 3

Mathematics
1 answer:
kodGreya [7K]3 years ago
5 0

Answer:

338

365.58

427.68

712.12

Step-by-step explanation:

for annually compounding interest

PV(1+i)^n

for one year

325(1.04)

338

for 3 years

325(1.04)^3

365.58

For 7 years

325(1.04)^7

427.68

for 20 years

325(1.04)^20

712.12

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To find the answer you have to first find how many degrees are there in between each number in the clock. the clock is 360°degrees and there are 12 numbers marked in a clock., so you have to divide 360 by 12 to get the number of degrees in between each number,
360°÷12=30° so there are 30°degrees between each number. 

if a clock hand moves from 12 to 5, it pass 5 numbers, so to get your final answer you have to multiply 30° by 5=150°.

so your answer is 150°degrees.
hope you can understand what i said. :)
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Step-by-step explanation:

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vovangra [49]
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Answer:

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Step-by-step explanation:

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